Is gold currency reserve everywhere?
Professor Harald Sverdrup will give a lecture on the international gold market, illustrating how a commodity market works and how the derivates and forward contracts trade has distorted market mechanisms and led to gigantic financial risks amongst banks that appear as running out of control. He will discuss that large contracts and commitments have been made in gold, silver and other precious metals, where the quantities stated do not exist outside the imagination of banks. Sverdrup will go on to demonstrate how the financial markets today, still after the international financial crisis, remain out of touch with reality, being grossly unsustainable in financial, social and the physical-world terms.
Harald Sverdrup is a Professor of Chemical Engineering at Lund University, Sweden. Sverdrup has worked with modelling of complex systems for the last 25 years, specializing in integrated mechanism-oriented models for environmental systems, for soil chemistry, chemical weathering kinetics under field conditions and models for assessing general sustainability with respect to human society and natural ecosystems. The European critical- loads systems were developed by Sverdrup, affecting environmental policies in all European countries. Sverdrup is also the CEO and President of Northern Europe's largest precious metal company, K. A. Rasmussen in Norway. He has for over 40 years been closely involved with the world of gold and international finances.
Kristín Vala Ragnarsdóttir „Er gull varaforði til þrautarvara fyrir gjaldmiðla um allan heim?“, Náttúran.is: April 11, 2010 URL: http://www.nature.is/d/2010/04/12/er-gull-varafordi-til-thrautarvara-fyrir-gjaldmidl/ [Skoðað:Nov. 28, 2021]Efni má nota eða vitna í samkvæmt almennum venjum sé heimilda getið með slóð eða fullri tilvitnun hér að ofan.
skrifað: April 12, 2010
breytt: April 13, 2010